Hudson Valley Region, August 2015

FIRM EXPANSIONS AND CONTRACTIONS

Hudson Valley Region

August 2015

New York State Department of LaborDivision of Research and Statistics120 Bloomingdale Road, Room 218White Plains, NY 10605914-997-8798

This briefing provides information on firm-specific hiring and layoff announcements in the Hudson Valley. The information in this report is derived from press releases, newspapers, business journals, newsletters and other public sources. It does not include all expansions and contractions in the region – only those for which public information has been obtained. An attempt is made to present only current information – events that have recently occurred or will occur in the near future.

BUSINESS EXPANSIONS FOR THE HUDSON VALLEY REGION

Dutchess CountyNothing to report.

Orange CountyCrystal Run Healthcare, a multi-specialty medical group, recently celebrated the grand-opening of its new 66,000 square-foot, state-of-the art medical facility in the Town of Newburgh. The medical care provider is expected to create more than 200 jobs, with annual salaries ranging from $40,000 to $150,000. Crystal Run has been expanding its presence in the Hudson Valley and beyond. The company has 32 locations in the region and is scheduled to break ground this summer on the construction of two 70,000 square-foot facilities in the Town of Monroe (Orange County), and in West Nyack (Rockland County).

Putnam CountyNothing to report.

Rockland CountyNothing to report.

Sullivan CountyNothing to report.

Ulster CountyNothing to report.

Westchester CountyAllways East Transportation, Inc. has recently won the transportation contract for the Rhinebeck Central School District. The Yonkers-based transportation company was awarded the contract for home-to-school transportation, and for field trip and sports trip transportation. The company has been providing services to Dutchess County since 2004, and will be expanding its services to the Spackenkill Union Free School District, and to Dutchess BOCES.

The Yonkers Industrial Development Agency recently approved financial incentives for the construction of the 123,000-square-foot distribution facility in Yonkers at the former Tuckahoe Motor Inn site. FedEx Corp will receive up to $2.33 million in sales tax exemptions on construction materials and temporary tax abatement. The $121.2 million regional distribution center is expected to create 43 new jobs; 38 full- and part-time jobs will be relocated from existing FedEx distribution center in the Bronx.

Regeneron Pharmaceuticals Inc., the state’s largest biotechnology employer, has recently signed a 9-year lease expansion for 116,200 square feet of office and laboratory space at its headquarters at the Landmark at Eastview, in the Towns of Greenburgh and Mount Pleasant. The expansion deal is separate from the company’s $100 million construction project that will add more 300,000 square feet of laboratory and office space in two buildings rising on the Mount Pleasant side of the campus, scheduled to be completed this year.

O’Connor Davies L.L.P., an accounting and advisory firm headquartered in New York City, has recently signed an agreement to extend the lease for its Westchester County office and to expand its office space by about 10,000 square feet. The company, founded in 1891, has been a tenant at the Empire State Realty Trust property since 2001 and employs more than 500 professionals at nine offices in New York, New Jersey, Connecticut and Maryland.

Construction on Rivertowns Square, a $150 million mixed-use development, is underway in Dobbs Ferry. The new 17-acre shopping center will feature a hotel, a movie theater, restaurants, boutiques and a 5-story apartment building with 202 units. Under the Westchester County guidelines, ten percent of the apartments will be allocated for affordable housing. Rivertowns Square is scheduled to be completed in 2016, and will create about 650 temporary and permanent jobs. The complex is already 80 percent pre-leased, according to Saber Dobbs Ferry Associates LLC., the developer behind the project.

Saltaire Oyster Bar and Fish House, a nautical theme eatery owned by restaurateur Les Barnes, is scheduled to open its doors by the end of August 2015. The 7,200 square-foot eatery will feature a 100-seat dining room, a 50-seat bar, as well as a private room that can seat 65 people. The menu will include grilled octopus, red snapper ceviche, sea scallops sliced with greens and salts and 10 to 12 daily variety of oysters. No job numbers were announced.

BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION

Dutchess CountyNothing to report.

Orange CountyNothing to report.

Putnam CountyNothing to report.

Rockland CountyNothing to report.

Sullivan CountyNothing to report.

Ulster CountyNothing to report.

Westchester CountyA&P, a grocery chain with stores across the country has file for bankruptcy protection, for the second time in less than five years. The New Jersey-based chain owns nearly 300 stores in Connecticut, Delaware, Maryland, New Jersey, New York and Pennsylvania, under the names A&P, Food Basics, Food Emporium, Pathmark, Super Fresh, Waldbaum’s, and Best Cellars. According to the filing, the company has arranged for the sale of about 120 stores to local competitors ACME, Stop & Shop, and Key Food. The sale will help the company raise cash to pay off creditors, to whom it owes about $2.3 billion. A&P operates more than 30 stores in the region, most of which have been sold.

Kraft Heinz Food Company, filed a WARN notice with the NYS Department of Labor on August 11, 2015 in anticipation of a mass layoff. The company announced plans to cut 2,500 jobs companywide, affecting about 129 employees at its facility in Tarrytown.

Liberty Healthcare Corporation, filed a WARN notice with NYS Department of Labor on August 31, 2015 in anticipation of a mass layoff. The company’s contract with the Westchester County Health Care Corporation to provide health care professionals was recently terminated and as a result, about 199 employees at the Westchester Behavioral Health Center will be laid off. The layoffs will begin on November 30, 2015 or within 14 days of that date.

San Mateo Construction, filed a WARN notice with the New York State Department of Labor on August 20, 2015 in anticipation of a mass layoff. The company recently loss its contract with Consolidated Edison and as result will lay off 90 employees at its White Plains office by August 31, 2015.

Thompson Reuters, a media and information company headquartered in Manhattan, filed a WARN notice with the New York State Department of Labor on August 20, 2015 in anticipation of a mass layoff. The company will close its office in Valhalla, laying off 17 employees and relocating the remaining 19 employees to its New York City and Stamford offices.